Another good article from American Apartment Owners Association
Hope you enjoy it as much as I did.
With over 12,000 units to manage from New York to Texas, one property management company is all too aware of the strains that high unemployment has placed on the rental market.
When it comes to tenant incentives, Morgan Management Company is cutting to the chase by offering an ‘out' to those who lose their jobs during the term of the lease. Dubbed the "No Fear Lease", tenants who lose their jobs will have the option of either terminating early, or receiving a 20% reduction in rent for 90 days while they look for another job. read more...
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